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Offshore wind drops out of UK auction on costs, risking climate goals

Offshore wind developers stayed away from Britain's latest renewable energy auction on Friday, arguing the price offered by the government did not reflect rising industry costs, something which is hampering wind projects globally.

read more... 11/09/2023

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EU’s hydrogen economy struggles to pick up pace

Demand for renewable hydrogen in Europe is expected to hit 8.5 million tonnes by 2030, far below the EU’s planned 20 million tonnes, according to the industry, which calls for a shift in strategy to ramp up supply and demand.

read more... 07/09/2023

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German industry leans on Berlin for swift carbon storage plan

Leading German companies have urged Berlin to make public its strategy to enable carbon capture and storage by the end of this year, as they seek to capitalise on weakened opposition to the technology and prevent any political delay.

read more... 24/08/2023

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New EU carbon tariff: German industry slams bureaucratic burden

Germany’s chemical and car industries are protesting the anticipated bureaucratic strain expected from the phase-in of the EU’s novel carbon border tariff (CBAM), while consultancy Deloitte finds that companies have failed to sufficiently prepare.

read more... 22/08/2023

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Consortium to invest EUR 2bn in solar module production in Germany

Three companies in the German photovoltaic industry are joining forces in a EUR-2-billion (USD 2.18bn) investment initiative to rebuild an integrated value chain for solar module production in Europe's largest economy.

read more... 21/08/2023

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